‘Deepwater Drilling Market Worth $32.09 Billion In 2016’ Says Visiongain Report

10 September 2016
Energy

Visiongain’s new 214 page report The Deepwater Drilling Market 2016-2026: CAPEX and Charter Spending for Drillships, Semi-Subs and Tender Rigs Rated Over 500m in Water Depth indicates that the deepwater drilling market will see $32.09bn in spending in 2016, including CAPEX and charter spending.

The lead analyst of the report said: “Due to low oil prices and vessel oversupply, 2016 is a weak year for the deepwater drilling sector. As contracts end and more newbuilds enter the market, charter rates likely still have further to fall in the immediate future. However, vessel ownership is still profitable even under the current market dynamics, and the long-term outlook for the sector is far more promising.”

The report contains 185 tables, charts and graphs that add visual analysis and contract information in order to explain developing trends within the deepwater drilling market. Visiongain provides annual CAPEX and charter spending forecasts and analysis for the period 2016-2026 for the global deepwater drilling market, as well as the deepwater drillship, semi-sub and tender rig submarkets. The report also includes market forecasts and analysis for six regional markets and individualised analyses of 25 national markets.

In addition, the report contains an up-to-date analysis of the latest oil price dynamics and a ten-year oil price forecast. It also has a dedicated leading companies’ chapter including extensive profiles and market share data for the leading owners of deepwater drillships, semi-subs and tender rigs. It also features the transcript of an original interview with South America-based freelance energy journalist Heidi Vella, as well as tables detailing all active, under modification, cold stacked and under construction deepwater drilling vessels.

The Deepwater Drilling Market 2016-2026 report will be of value to anyone who wants to better understand the deepwater drilling market and its dynamics. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different region or sector within the deepwater drilling industry.

Notes for Editors If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the energy, telecoms, pharmaceutical, defence and materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Two-Wheeler Hub Motor Market Report to 2031

Governments from various regions are introducing initiatives to control the growth of pollution. Developed and developing countries’ governments are estimated to implement objectives, regulations, and favorable policies for electric vehicle deployment and its demand.

09 April 2021

Read

Visiongain Publishes Test Benches Market Report to 2031

Growing implementation of test benches in various industrial applications, such as semiconductor and electronics, industrial manufacturing, and automotive are primarily influencing the market’s growth in the coming years.

09 April 2021

Read

Visiongain Publishes Smart Pneumatics Market Report to 2031

The growth in demand for smart factory and Industry 4.0, the growing focus of manufacturers on reducing operational and maintenance costs, surging demand for FDM systems, and rising investments for FDM solutions by automation companies are the critical growth factors for the market in the coming years.

09 April 2021

Read

Visiongain Publishes Outdoor Power Equipment Market Report to 2031

The growing implementation of battery-powered outdoor power equipment for maintaining gardening and lawns actions, growing landscaping services demand, and rising gardening activities across residential areas are the key factors driving the market’s growth.

09 April 2021

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever